Industry

Hilliard Lyons continues growth in North Carolina with the addition of two former UBS advisors.

One year after the "untimely" death of Richard Aster, founder of Larkspur, Calif.-based Aster Capital Investment Management, the investment advisor is selling off its assets.

ProShares has added Ramesh Babu as chief technology officer and William Poulin as head of product management.

New York-based W.P. Stewart & Co. has hired Michael Maquet as chief executive officer, effective June 10.

Commonwealth Financial Network, the nation’s largest privately held independent broker-dealer, named Rich Hunter president and chief operating officer on Friday and also announced new affiliation models for its nearly 1,500 financial advisors.

Payden & Rygel is looking to tap into the broker dealer channel with a new partnership.

Sean E. Ekiert has joined Raymond James as a managing director in Richmond, Va.

Financial Planning released its annual list of the largest independent broker-dealers in June. Here's a list of the top 28 smaller firms based on revenue.

LPL hired Michelle Oroschakoff as chief risk officer and managing director.

The financial services industry has one of the hardest glass ceilings for women to break through according to a recent survey from Edward Jones.